she continued to serve under president george w. bush 2002. before being the administrator of the faa, she was the acting and deputy administrator of the federal highway administration. she was the logan airport, in boston, manager. she currently heads the u.s. public-private partnership at jpmorgan. most importantly, she is a past chairman of the bipartisan policy board of directors, and continues to be a board member with us. in 1997, when you first took over faa, the agency was spending about $9 billion. shortly before you arrived, the agency estimated you would need $10 billion annually to meet growing passenger usage, and protecting the safety of the flying public. as i recall, the budget resolutions that year were only going to provide about $7.5 billion, a $2.5 billion gap. further complicating your job as you are coming in, and assessment of the agency was mandated by 1996, the agency reauthorization act. and it concluded, and i quote, the faa had no system to account for its cost, and managers could generally not manage money properly